The COSS Network is partnering with Professor David Gilchrist (University of Western Australia) for two focused webinars on the applicability and accounting for JobKeeper payments for NFPs and charities.
Each one hour webinar will cover the key elements and considerations for applying for the JobKeeper payments for NFPs and charities.
The Federal Government has decided to give the NFP and charity sector the option to exclude government revenue from the JobKeeper turnover test. This will allow employing charities receiving revenue from government to use either their total turnover, or their turnover excluding government revenue, for the purposes of accessing eligibility for the JobKeeper payment.
The webinar will be presented by Professor David Gilchrist, chartered accountant and economic historian at the University of Western Australia. David holds a PhD in economic history from the University of Notre Dame Australia and is currently professor of accounting and convenor of Not-for-profits UWA Research Group at the University of Western Australia.
The information provided will be general, and we strongly recommend you contact your accountant or BAS agent to discuss your specific scenario and options. The COSS Network cannot advise if you are eligible or if your organisation should apply.